Bitcoin (BTC)

Simeon Hyman is the global investment strategist at Pro Shares. He recently sat down to discuss the current state of the crypto market and what he thinks the future holds. Simeon Hyman on the State of Crypto Pro Shares is famous for releasing the first official bitcoin exchange-traded fund (ETF) last year. While the product got a lot of flak for being based on bitcoin futures rather than actual spot trading – the former being considered less stable than the latter – it...

Bitcoin continues to test the $18.5K support level as the bulls lack the strength necessary to move the price up. Investors have been seeking safer options amidst fears of stagflation. As a result, the DXY index has increased. Technical Analysis By Grizzly The Daily Chart On the daily chart, the recent bullish leg has come to an end after the price hit the top of a descending channel (in light blue). Despite this, Bitcoin is currently trading above the horizontal support...

It was just over a year ago that famed bitcoin podcaster Peter McCormack purchased Bedford FC, a professional football club. While the move seemed odd at the time it occurred, it seems to have allowed the team to move in the right direction, proving once again that crypto and sports go hand in hand. Peter McCormack Had a Vision for the Team Bedford is now known as Real Bedford, and the team is on its way to the new South Midlands Football League Division One campaign....

21Shares launches Short Ethereum ETP and Ethereum Core ETP After the successful Ethereum Merge 21Shares launches two new products – the 21Shares Short Ethereum ETP (SHETH) and the 21Shares Ethereum Core ETP (CETH) as part of the company’s Crypto Winter Suite – a set of products designed for the bear market. Eliézer Ndinga, Director of Research at 21Shares comments on the Ethereum Merge: “The Merge is arguably one of the most positive developments in...

Crypto mining has been around since the first Bitcoin was mined back in 2009. It is a time-worn concept, as almost everyone with the basic knowledge of cryptocurrencies knows about it. Crypto mining is the process of gathering cryptocurrency as a reward for the work that you complete for a network. You gain crypto by solving complex cryptographic equations with the help of your computers. The process usually involves validating blocks of data and adding transaction...

Solana price started a fresh decline from the $35.00 resistance zone against the US Dollar. The price is now trading below $33 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $32.50 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair could extend losses if there is a clear move below the $30.50 support zone. Solana price is trading below $35 against the US Dollar, similar to bitcoin. SOL...

AltAlpha Digital ist ein regulierter «Fund of Funds» für digitale Vermögenswerte / Kryptos, welcher von der BFI Consulting lanciert wurde. BFI Consulting ist der institutionelle Investitionsbereich der etablierten Schweizer BFI Capital Group mit über USD 1 Milliarde verwaltetem Vermögen und 30 Jahren Erfahrung im Finanzwesen. Der AltAlpha Digital Fond bietet qualifizierten sowie institutionellen Anlegern Zugang zu einem handverlesenen Portfolio von Token / Blockchain Fond Verwaltern innerhalb...

Jim Messina – one of Barack Obama’s closest advisers during his presidency reign in the USA – has taken an executive role at the popular cryptocurrency platform – BlockhainCom. The veteran politician is responsible for the firm’s government relations and policy strategy. Another American official who transitioned to the world of crypto is Brian Brooks. The former Acting Comptroller of the Currency in the US is currently the CEO of the bitcoin mining firm Bitfury Group....

Bitcoin Depot – arguably one of the biggest names in crypto ATMs – has joined hands with a firm called GSR II Meteora Acquisition Corp. The partnership enables Bitcoin Depot to become a publicly listed company, thus giving it an opportunity to follow in the footsteps of Coinbase, one of the world’s largest and most popular digital currency exchanges. Bitcoin Depot Is Going Public After the maneuver is complete, Bitcoin Depot will instead be known as Bitcoin Depot Inc.,...

The crypto space has been crashing and burning for the past several months, but it’s not just investors that appear to be suffering. Scammers – once so active in this unregulated arena – have also taken quite a few financial hits, suggesting there is some good news to the tribulations and trials being suffered by the crypto industry. Scammers Aren’t Making Much Money Over the past several weeks, we’ve been privy to a wide array of nasty headlines surrounding bitcoin and...